2023 Gates Street

    Lincoln Heights, CA 90031
    • $980,000
    • STATUS: Active
    • ON SITE: 38 days
    • ID#: TR20042938
    UPDATED: 8 min ago
    $980,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,110
      SQFT
    • $464
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1907
    County:

    School Ratings & Info

    Description

    Great Opportunity to own Income Property in a HIGHLY Desirable Area of Los Angeles, this Duplex has Potential for Long Term or Short Term Rental or Live in One and Collect Rent from the other . This Duplex consist of THREE Separate Structures, Front Unit, Rear Unit and a Third Shed for Storage. Both units have been Tastefully Remodeled with Updated Kitchens and Bathrooms. The Front Unit comes Complete with Tile Flooring, Laminate Flooring, Tile Back Splash in Kitchen, Quartz Counter Tops, Stainless Steel Exhaust Fan, Newer Lighting Fixtures, Newer Cabinets, etc.The Rear Unit also comes Complete with Newer Kitchen , Island in Kitchen, Galaxy Marble Tops, Stainless Steel Range Hood, Newer Lighting Fixtures, both come with Brightly Painted Entry Doors, both units have been Recently Pained Exteriors and Interiors. The Exterior Grounds are Very Spacious with Plenty of Room for Vehicle Parking, and Large Driveway as well as Outdoor Family Gatherings, Amenities also include Laundry hook Ups, Two basements, new Water Heaters, Covered Patio and much more. Title shows Front unit as 3Bdr/1Bth and Rear Unit as 2Bdr/1Bth, buyer to satisfy themselves on all aspects of subject property. This Great Income property is located in very close proximity to 10, 5, 710, and 60 FRWY, Schools, Shopping, Parks, 10 minutes away from the following, Dodger Stadium, Downtown Los Angeles, Staples Center, Hollywood, Pasadena, USC Medical Center, Arts District, Lincoln Park, China Town, Cal State L.A.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-07T15:27:59.883. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The DeBonis Team | Keller Williams Realty. Licensed in the State of California, USA.

    www.debonishomes.com/homes/103704387

    2023 Gates Street Lincoln Heights, CA 90031

    • Price: $980,000
    • Status: Active
    • Updated: 8 min ago
    • ID#: TR20042938
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    2,110
    SQFT
    $464
    $/SQFT
    1907
    Built
    Neighborhood:
    677 - Lincoln Hts
    County:
    Los Angeles
    Area:
    677 - Lincoln Hts
    Property Description
    Great Opportunity to own Income Property in a HIGHLY Desirable Area of Los Angeles, this Duplex has Potential for Long Term or Short Term Rental or Live in One and Collect Rent from the other . This Duplex consist of THREE Separate Structures, Front Unit, Rear Unit and a Third Shed for Storage. Both units have been Tastefully Remodeled with Updated Kitchens and Bathrooms. The Front Unit comes Complete with Tile Flooring, Laminate Flooring, Tile Back Splash in Kitchen, Quartz Counter Tops, Stainless Steel Exhaust Fan, Newer Lighting Fixtures, Newer Cabinets, etc.The Rear Unit also comes Complete with Newer Kitchen , Island in Kitchen, Galaxy Marble Tops, Stainless Steel Range Hood, Newer Lighting Fixtures, both come with Brightly Painted Entry Doors, both units have been Recently Pained Exteriors and Interiors. The Exterior Grounds are Very Spacious with Plenty of Room for Vehicle Parking, and Large Driveway as well as Outdoor Family Gatherings, Amenities also include Laundry hook Ups, Two basements, new Water Heaters, Covered Patio and much more. Title shows Front unit as 3Bdr/1Bth and Rear Unit as 2Bdr/1Bth, buyer to satisfy themselves on all aspects of subject property. This Great Income property is located in very close proximity to 10, 5, 710, and 60 FRWY, Schools, Shopping, Parks, 10 minutes away from the following, Dodger Stadium, Downtown Los Angeles, Staples Center, Hollywood, Pasadena, USC Medical Center, Arts District, Lincoln Park, China Town, Cal State L.A.
    Exterior Features

    Garage Spaces 0.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Features Boat Parking Total 4.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Heating Wall Furnace Heating YN Yes Laundry Features Gas Dryer HookupIn CarportWasher Hookup

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Sidewalks Country Us Electric 220 Volts in Laundry Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 60000.00 Gross Scheduled Income 60000.00 Insurance Expense 1142.00 Land Lease YN No Laundry YN Yes Net Operating Income 51178.00 New Construction YN No New Taxes Expense 12250.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 8822.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 13392.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning Lard3

    Listing provided courtesy of Jesse Reyes of Realty Masters & Associates


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-07T15:27:59.883. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The DeBonis Team | Keller Williams Realty. Licensed in the State of California, USA.

     
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